By Stephen Nakrosis
Universal Health Realty Income Trust said it was raising its quarterly dividend by half-a-cent per share to 74 cents per share.
The new dividend, $2.96 on an annual basis, will be payable on June 30 to shareholders of record as of June 23.
The dividend represents a yield of about 7.3%, based on the company's closing share price of $40.18 on Wednesday.
In November of last year, the real estate investment trust raised its dividend to 73.5 cents per share from 73 cents.
The company said it invests in healthcare and human service-related facilities.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
June 11, 2025 16:29 ET (20:29 GMT)
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